Soaring LED lighting penetration rates, followed by the maturation of LED lighting technology. Although, market demands have soared, LED lighting demand growth in mature markets have eased, due to intense pricing competitions. As a result, ...
Tags: LED lighting, LED package, EVE Lighting
Reuters recently broke Go Scale Capital’s US $1.93 billion loan to acquire Lumileds and former Philips automotive lighting business. The loan will mostly be used to merge with the $2.8 billion financing to acquire 80% of Lumileds ...
Tags: Philips, automotive lighting
Over the years, the role of Asia in the global economy has been continuously increasing in its importance, corresponding to the as in the saying that “Asia is the breadbasket of the world.” The value of exports and imports by ...
Tags: LED lighting, Solar energy
Panasonic aims to increase its European lighting revenue in 2018, reported Kyodo News. The plan is to raise lighting revenue in Europe from JYP 30 billion (US $330 million) in 2014 to JYP 36 billion by 2018. Panasonic analyzed there is ...
Tags: Panasonic, European market, Lighting Revenue
Last week Samsung became the latest big-hitter to change its strategy in the LED lighting sector, with the Korean technology conglomerate making a significant retreat. Having identified the emerging application as a key growth area just ...
Tags: Samsung, LED Lighting, luminaire markets
“The (Chinese) LED industry is in deep waters, and only a few manufacturers will survive in the next few years,” said several industry insiders during recent interviews with LEDinside’s editorial team in China. With the ...
Tags: LED industry, Chinese LED market
Kingsun Optoelectronic is to acquire Lumileds with capital collected partially from surplus capital of different LED lighting business and the company’s raised funds. Kingsun Optoelectronic plans to indirectly acquire 6.15% share of ...
Today at the IES Street & Area Lighting Conference, North America’s largest conference dedicated to improving the outdoor lighting business of electric utilities and energy service providers, Acuity Brands, through its subsidiary ...
Tags: Acuity Brands, Silver Spring Networks, smart LED streetlights
When GE sold its home appliance division in September 2014 for US $3.3 billion to Swedish company Electrolux, market rumors surfaced that the company might sell its lighting business too. The company denied intentions of selling its century ...
Tags: GELED, lighting, business strategy, market trends
ReneSola, a leading provider of energy efficient products, is launching a new generation of eco-friendly LED Corn Lights for the US market, that significantly improves lighting efficiency and eliminates UV radiation. The new Corn Light ...
Tags: US market, ReneSola, LED Corn Light
Ayla Networks, whose agile Internet of Things (IoT) platform provides comprehensive connectivity for any kind of product, announced that it has signed its first customer in Europe, Innr Lighting B.V. from the Netherlands. Innr is using the ...
Twenty three LED manufacturers have released their financial results as of Aug. 25, 2015. A lot of analysis has been done to understand net profit and sales revenue. LEDinside focus on the most discussed “price war” and have ...
Tags: LED chips, LED luminaires, LED package
Originally a battery maker, Indian manufacturer Eveready is transiting into the LED lighting market recently with the aim of acquiring at least 10% market shares, according to a Business Standard report. According to the company Directing ...
Tags: LED Lighting Market, LED industry
For full-year fiscal 2015 (ended 28 June), Cree Inc of Durham, NC, USA has reported revenue of $1.63bn, down just 1% on fiscal 2014's record $1.65bn. Specifically, revenue for Lighting Products (mainly LED lighting systems and bulbs) grew ...
Tags: LED Product, LED chips
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
Tags: LED industry, LED Chip